Tether has pulled the plug on offshore Chinese yuan-backed stablecoin CNH₮, saying that new tokens will no longer be issued ...
Tether USDT’s circulating supply has fallen by $1.5 billion so far in February, nearing its biggest monthly supply drop of $2 billion after the collapse of FTX in 2022.
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Tether to shut down one of its stablecoins as demand for it tanks
Tether’s USDT remains the largest stablecoin at $183B as Tether expands into regulated U.S. stablecoins with USA₮.
The total stablecoin market capitalization has moved above $300 billion, marking a nearly sixfold rise from under $50 billion in early 2020. Supply has broken t ...
Tether ends CNH₮ stablecoin support, and calls on the token holders to start redeeming it ahead of a scheduled deadline.
US SEC Stablecoin guidance allows broker-dealers to count stablecoins as capital with 2% haircut, signaling institutional ...
Tether will halt CNH₮ issuance and end redemptions in one year, citing weak demand and shifting stablecoin priorities.
SkyBridge Capital founder said banks face “Uber-style” disruption from crypto firms like Coinbase and Tether. ・He argued ...
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